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Tencent announced 50 billion yuan investment for the establishment of a “sustainable social value business unit”

Tencent announced that it will once again initiate a strategic upgrade, put forward the “sustainable social value innovation” strategy, and announced that it will invest 50 billion yuan for the first phase of the establishment of a “sustainable social value business unit” to promote Strategy landing.

Tencent said that the 50 billion yuan will be used for sustainable social value innovation, including basic science, education innovation, rural revitalization, carbon neutrality, FEW (food, energy, and water), public emergency, senior care technology, and public welfare digitalization.

According to the latest reports, this is a new step since Tencent’s “930 revolutions” in 2018 and its strategy of “rooting the consumer Internet and embracing the industrial Internet”.

Ma Huateng, Chairman and CEO of Tencent, said “The more a company grows, the more it needs to lay the foundation for creating social value deeper and more stable.”

|VIA|

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